Inflation Lies from USA Today
Consumer prices — or the consumer price index — rose 0.5% in February, the most since mid-2009, largely because of surging food and gasoline prices the Federal Reserve’s quantitative easing is...
View ArticleNo faith in the Fed
The Texas University Endowment is storing $1 Billion in gold bars. Gold bullion is a hedge against inflation. If you didn’t think inflation was about to be a problem, gold would be the worst thing to...
View ArticleFailed for who?
The New York Times says quantitative easing has failed. The Federal Reserve’s experimental effort to spur a recovery by purchasing vast quantities of federal debt has pumped up the stock market,...
View ArticleObama promises bailout for Greece
How about we bail ourselves out before we go promising bailouts to other countries? … Continue reading →
View ArticleExtraordinary Claims Require Extraordinary Proof – Economics Edition
Minimum wage laws are back in the news and the people who like higher minimum wages are lining up studies and papers to support them. But you have to be careful. As Don Boudreaux points out: “Empirical...
View ArticleCries to “fix” what may not be broken
Saving money to fund a retirement, that is. We’ve been seeing this idea floating around a lot lately. Whether the purported reason is to “force people to save” or (more likely) to give the government...
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